Nissan Motor (OTCMKTS:NSANY) Shares Cross Below 50-Day Moving Average – Time to Sell?

Nissan Motor Co., Ltd. (OTCMKTS:NSANY) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $5.60 and traded as low as $5.24. Nissan Motor shares last traded at $5.37, with a volume of 203,980 shares changing hands.

Nissan Motor Price Performance

The firm has a market capitalization of $9.97 billion, a PE ratio of 14.13 and a beta of 0.82. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.48 and a current ratio of 1.79. The stock has a fifty day moving average price of $5.60 and a 200-day moving average price of $5.51.

Nissan Motor (OTCMKTS:NSANY) last posted its earnings results on Thursday, February 13th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.04) by $0.13. The company had revenue of $20.74 billion for the quarter, compared to analyst estimates of $19.51 billion. Nissan Motor had a return on equity of 2.74% and a net margin of 0.85%. Sell-side analysts forecast that Nissan Motor Co., Ltd. will post 0.14 EPS for the current fiscal year.

About Nissan Motor

Nissan Motor Co, Ltd. manufactures and sells vehicles and automotive parts worldwide. It sells vehicles under the Nissan and Infiniti brands. The company offers vehicle and vehicle parts; engines, manual transmissions, and multiplier/reducer units; automotive parts; axles; and other related components.